KRONES AG (KRN.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:KRN - DE0006335003 - Common Stock
133.4 EUR
-0.8 (-0.6%)
Taking everything into account, KRN scores 6 out of 10 in our fundamental rating. KRN was compared to 110 industry peers in the Machinery industry. While KRN belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. KRN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year KRN was profitable.
KRN had a positive operating cash flow in the past year.
KRN had positive earnings in 4 of the past 5 years.
Each year in the past 5 years KRN had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.01%, KRN is in the better half of the industry, outperforming 76.36% of the companies in the same industry.
With a decent Return On Equity value of 14.28%, KRN is doing good in the industry, outperforming 77.27% of the companies in the same industry.
KRN has a better Return On Invested Capital (11.63%) than 85.45% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KRN is in line with the industry average of 8.83%.
The 3 year average ROIC (10.37%) for KRN is below the current ROIC(11.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 14.28% | ||
| ROIC | 11.63% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
1.3 Margins
KRN has a better Profit Margin (5.24%) than 63.64% of its industry peers.
In the last couple of years the Profit Margin of KRN has grown nicely.
KRN has a Operating Margin of 7.19%. This is comparable to the rest of the industry: KRN outperforms 58.18% of its industry peers.
KRN's Operating Margin has improved in the last couple of years.
KRN's Gross Margin of 53.35% is fine compared to the rest of the industry. KRN outperforms 70.00% of its industry peers.
In the last couple of years the Gross Margin of KRN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.19% | ||
| PM (TTM) | 5.24% | ||
| GM | 53.35% |
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
2. Health
2.1 Basic Checks
KRN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, KRN has about the same amount of shares outstanding.
KRN has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for KRN has been reduced compared to a year ago.
2.2 Solvency
KRN has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.01, KRN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
KRN has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.00, KRN belongs to the best of the industry, outperforming 98.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | N/A |
ROIC/WACC1.62
WACC7.17%
2.3 Liquidity
KRN has a Current Ratio of 1.39. This is a normal value and indicates that KRN is financially healthy and should not expect problems in meeting its short term obligations.
KRN has a Current ratio (1.39) which is comparable to the rest of the industry.
KRN has a Quick Ratio of 1.10. This is a normal value and indicates that KRN is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.10, KRN perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
KRN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.20%, which is quite good.
Measured over the past years, KRN shows a very strong growth in Earnings Per Share. The EPS has been growing by 96.42% on average per year.
Looking at the last year, KRN shows a quite strong growth in Revenue. The Revenue has grown by 8.15% in the last year.
The Revenue has been growing slightly by 5.98% on average over the past years.
EPS 1Y (TTM)16.2%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%3.37%
Revenue 1Y (TTM)8.15%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%4.72%
3.2 Future
The Earnings Per Share is expected to grow by 9.52% on average over the next years. This is quite good.
KRN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.28% yearly.
EPS Next Y13.65%
EPS Next 2Y11.74%
EPS Next 3Y12.11%
EPS Next 5Y9.52%
Revenue Next Year7.23%
Revenue Next 2Y6.11%
Revenue Next 3Y6.12%
Revenue Next 5Y6.28%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.53 indicates a correct valuation of KRN.
Based on the Price/Earnings ratio, KRN is valued a bit cheaper than the industry average as 77.27% of the companies are valued more expensively.
KRN is valuated rather cheaply when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.18, KRN is valued correctly.
Based on the Price/Forward Earnings ratio, KRN is valued a bit cheaper than the industry average as 70.91% of the companies are valued more expensively.
KRN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 12.18 |
4.2 Price Multiples
72.73% of the companies in the same industry are more expensive than KRN, based on the Enterprise Value to EBITDA ratio.
KRN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.54 | ||
| EV/EBITDA | 6.68 |
4.3 Compensation for Growth
KRN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of KRN may justify a higher PE ratio.
A more expensive valuation may be justified as KRN's earnings are expected to grow with 12.11% in the coming years.
PEG (NY)1.06
PEG (5Y)0.15
EPS Next 2Y11.74%
EPS Next 3Y12.11%
5. Dividend
5.1 Amount
KRN has a Yearly Dividend Yield of 1.96%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.55, KRN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.88, KRN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
5.2 History
The dividend of KRN has a limited annual growth rate of 5.29%.
Dividend Growth(5Y)5.29%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
28.35% of the earnings are spent on dividend by KRN. This is a low number and sustainable payout ratio.
KRN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.35%
EPS Next 2Y11.74%
EPS Next 3Y12.11%
FRA:KRN (12/23/2025, 7:00:00 PM)
133.4
-0.8 (-0.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners20.81%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.21B
Revenue(TTM)5.53B
Net Income(TTM)289.62M
Analysts81.11
Price Target154.97 (16.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
Yearly Dividend2.2
Dividend Growth(5Y)5.29%
DP28.35%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.93%
Min EPS beat(2)-5.49%
Max EPS beat(2)-4.37%
EPS beat(4)0
Avg EPS beat(4)-4.68%
Min EPS beat(4)-7.42%
Max EPS beat(4)-1.44%
EPS beat(8)2
Avg EPS beat(8)0.89%
EPS beat(12)5
Avg EPS beat(12)4.09%
EPS beat(16)9
Avg EPS beat(16)9.84%
Revenue beat(2)0
Avg Revenue beat(2)-2.98%
Min Revenue beat(2)-4.95%
Max Revenue beat(2)-1.01%
Revenue beat(4)1
Avg Revenue beat(4)-1.56%
Min Revenue beat(4)-4.95%
Max Revenue beat(4)0.64%
Revenue beat(8)3
Avg Revenue beat(8)-1%
Revenue beat(12)5
Avg Revenue beat(12)-0.36%
Revenue beat(16)8
Avg Revenue beat(16)0.22%
PT rev (1m)-0.28%
PT rev (3m)-3.93%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.15%
EPS NY rev (1m)-0.35%
EPS NY rev (3m)-2.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.19%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 12.18 | ||
| P/S | 0.76 | ||
| P/FCF | 20.54 | ||
| P/OCF | 10.7 | ||
| P/B | 2.08 | ||
| P/tB | 2.94 | ||
| EV/EBITDA | 6.68 |
EPS(TTM)9.18
EY6.88%
EPS(NY)10.95
Fwd EY8.21%
FCF(TTM)6.49
FCFY4.87%
OCF(TTM)12.47
OCFY9.34%
SpS174.93
BVpS64.21
TBVpS45.3
PEG (NY)1.06
PEG (5Y)0.15
Graham Number115.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 14.28% | ||
| ROCE | 16.04% | ||
| ROIC | 11.63% | ||
| ROICexc | 13.62% | ||
| ROICexgc | 18.98% | ||
| OM | 7.19% | ||
| PM (TTM) | 5.24% | ||
| GM | 53.35% | ||
| FCFM | 3.71% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
ROICexc(3y)13.79%
ROICexc(5y)N/A
ROICexgc(3y)19.27%
ROICexgc(5y)N/A
ROCE(3y)14.31%
ROCE(5y)N/A
ROICexgc growth 3Y22.07%
ROICexgc growth 5Y40.08%
ROICexc growth 3Y16.88%
ROICexc growth 5Y36.18%
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
F-Score8
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 105.25% | ||
| Cap/Sales | 3.41% | ||
| Interest Coverage | 112.55 | ||
| Cash Conversion | 68.29% | ||
| Profit Quality | 70.83% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | N/A |
F-Score8
WACC7.17%
ROIC/WACC1.62
Cap/Depr(3y)96.01%
Cap/Depr(5y)83.18%
Cap/Sales(3y)3.22%
Cap/Sales(5y)3.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.2%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%3.37%
EPS Next Y13.65%
EPS Next 2Y11.74%
EPS Next 3Y12.11%
EPS Next 5Y9.52%
Revenue 1Y (TTM)8.15%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%4.72%
Revenue Next Year7.23%
Revenue Next 2Y6.11%
Revenue Next 3Y6.12%
Revenue Next 5Y6.28%
EBIT growth 1Y16.48%
EBIT growth 3Y28.43%
EBIT growth 5Y39.26%
EBIT Next Year62.42%
EBIT Next 3Y24.45%
EBIT Next 5Y16.2%
FCF growth 1Y382.21%
FCF growth 3Y3.15%
FCF growth 5YN/A
OCF growth 1Y140.7%
OCF growth 3Y8.72%
OCF growth 5Y35.97%
KRONES AG / KRN.DE FAQ
What is the ChartMill fundamental rating of KRONES AG (KRN.DE) stock?
ChartMill assigns a fundamental rating of 6 / 10 to KRN.DE.
What is the valuation status of KRONES AG (KRN.DE) stock?
ChartMill assigns a valuation rating of 5 / 10 to KRONES AG (KRN.DE). This can be considered as Fairly Valued.
What is the profitability of KRN stock?
KRONES AG (KRN.DE) has a profitability rating of 7 / 10.
How financially healthy is KRONES AG?
The financial health rating of KRONES AG (KRN.DE) is 6 / 10.
Is the dividend of KRONES AG sustainable?
The dividend rating of KRONES AG (KRN.DE) is 6 / 10 and the dividend payout ratio is 28.35%.